Par Pacific Holdings Inc. Stock Falls 3.36% on July 16 Amid Trading Volume of 683,549 Shares.

Par Pacific Holdings Inc (PARR) shares fell 3.36% to $33.36, down from $34.52, with a trading volume of 683,549 shares, 45.7% of the average daily volume. Analysts forecast an average target price of $29.00, a 13.07% downside from the current price. The estimated GF Value is $23.27, a 30.25% downside from the current price.

Par Pacific Holdings Inc (PARR) shares experienced a significant drop on July 2, 2025, falling 3.36% to $33.36 from the previous close of $34.52. The trading volume was 683,549 shares, representing 45.7% of the average daily volume. Analysts have forecast an average target price of $29.00, indicating a 13.07% downside from the current price. The estimated GF Value is $23.27, a 30.25% downside from the current price.

The recent downward trend in PARR's stock price can be attributed to several factors. Analysts at Mizuho revised their price target for the stock from $21.00 to $34.00, maintaining a Neutral rating [2]. This upward revision was based on expectations of stronger refining results, driven by improved margins and higher volumes. However, the stock's performance has since fallen, potentially due to a reassessment of these factors.

Additionally, Par Pacific Holdings reported its first-quarter 2025 earnings, revealing a larger-than-expected loss of $0.94 per share, compared to the forecasted loss of $0.34 per share. Despite this, the company achieved a notable revenue of $1.75 billion, surpassing expectations. Analysts from UBS raised their price target for Par Pacific Holdings to $23.00, while Goldman Sachs downgraded the stock from Buy to Neutral, setting a price target of $19.00 [2].

The company's operational advancements, such as the early restart of Wyoming operations and progress in Montana, have been recognized as key developments. However, the stock's recent performance suggests that investors are cautious about the company's future prospects.

Investors should closely monitor Par Pacific Holdings' earnings reports and analyst revisions to gauge the stock's potential for recovery. The company's focus on refining, logistics, and retail continues to bolster its market position, with a projected throughput of 367,000 barrels per day for the second quarter.

References:
[1] https://finance.yahoo.com/news/par-pacific-holdings-parr-continues-093545533.html
[2] https://www.investing.com/news/analyst-ratings/par-pacific-stock-price-target-raised-to-34-from-21-at-mizuho-93CH-4131053